Loading...
Market
What will be Hugging Face's market position relative to OpenAI and Google by August 31, 2025?
2
Resolution / Starting Odds
Hugging Face surpasses OpenAI and Google • 33%
Hugging Face surpasses OpenAI but not Google • 33%
Hugging Face surpasses Google but not OpenAI • 33%
Hugging Face does not surpass either • 33%
Market analysis reports from reputable sources such as Gartner, Forrester, or major tech news outlets
Story
Hugging Face Acquires Seattle's XetHub for Undisclosed Sum to Boost AI Model Hosting
Aug 8, 2024, 01:29 PM
Hugging Face, an AI unicorn, has acquired XetHub, a Seattle data storage startup founded by former Apple employees, for an undisclosed sum. The acquisition, which is Hugging Face's largest to date, aims to enhance its capabilities in hosting large-scale AI models. XetHub, which raised $7.5 million, will help Hugging Face scale its platform to manage larger datasets and accommodate more users. This move is part of Hugging Face's strategy to compete with major players like OpenAI and Google by enabling developers to build and collaborate on large AI models efficiently.
View original story
Similar markets
Leader • 25%
Second • 25%
Third • 25%
Other • 25%
Leader • 25%
Major player • 25%
Minor player • 25%
Struggling • 25%
AI Platform • 25%
Data Processing Company • 25%
Cloud Services • 25%
Other • 25%
Improved Significantly • 25%
Improved Slightly • 25%
Unchanged • 25%
Declined • 25%
xAI • 25%
Anthropic • 25%
Google DeepMind • 25%
Other • 25%
Leader in AI market • 25%
Among top three in AI market • 25%
Among top five in AI market • 25%
Outside top five in AI market • 25%
Nvidia • 25%
Microsoft • 25%
Apple • 25%
Alphabet • 25%
AWS • 25%
Google Cloud • 25%
Microsoft Azure • 25%
Other • 25%
